ICO is actually one of the risk free way of making money in cryptocurrency world. Many investors has make millions of they fiat in return by buy coin at the crowd sales. I read a story of budy who make over $100,000 profit after investing in tezor at ico. I also read a story of a guy who buy xem at the ico and his involvement worth $50,000 as at the time of telling this story.
ICO risk free? Is this a joke?
How many ICOs are scams and never deliver a product, or once they hit the exchanges the tokens price drop to a price below ICO value?
It's possible to make a good return with a ICO, but certainly not risk free, far from that. It's necessary lots of research on the team, do a background check on them, read the whitepaper carefully, check if anything is plagiarized, the list goes on...